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Assignment 4: Tax-Planning Client Letter on Irrevocable Trusts

  • Assignment 4: Tax-Planning Client Letter on Irrevocable Trusts

  • Answers • 3 pages • 2019
  • Assignment 4: Tax-Planning Client Letter on Irrevocable Trusts, Gift Tax, and Estate Tax Due Week 10 and worth 150 points Suppose you are a CPA, and your client has requested advice regarding establishing an irrevocable trust for his two (2) grandchildren. He wants the income from the trust paid to the children for 20 years and the principal distributed to the children at the end of 20 years. Use the Internet and Strayer databases to research the rules regarding irrevocable trusts, gift tax, ...
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